Soru
Which of the following is the most immediate impact of rising inflation? Decreasing trade Higher prices Increased money supply OLess hiring
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4.3
(226 Oylar)
Tuba
Kıdemli · 11 yıl öğretmeni
Uzman doğrulaması
Cevap
The correct answer is: Higher prices.Rising inflation directly leads to higher prices for goods and services. As inflation increases, the purchasing power of money decreases, meaning consumers need to spend more money to buy the same amount of goods and services as before. This results in an overall increase in prices.